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Progress is precisely that which rules and regulations did not foresee.
Ludwig von Mises
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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Precisely
Rules
Progress
Foresee
Regulations
Regulation
More quotes by Ludwig von Mises
The tow pillars of democratic government are the primacy of the law and the budget.
Ludwig von Mises
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
Ludwig von Mises
To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.
Ludwig von Mises
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
Ludwig von Mises
In a battle between force and an idea, the latter always prevails.
Ludwig von Mises
Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von Mises
How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!
Ludwig von Mises
What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.
Ludwig von Mises
In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production
Ludwig von Mises
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life he inherited it from his ancestors and it never changed.
Ludwig von Mises
Lenin's ideal was to build a nation's production effort according to the model of the post office.
Ludwig von Mises
Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.
Ludwig von Mises
Scientific criticism has no nobler task than to shatter false beliefs.
Ludwig von Mises
All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring about a state of affairs which - from the point of view of their authors and advocates valuations - is less desirable than the previous state of affairs which they were designed to alter.
Ludwig von Mises
The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.
Ludwig von Mises
This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of Marx and Engels. It permeates no less the contributions of contemporary pseudo-economics.
Ludwig von Mises
It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.
Ludwig von Mises
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.
Ludwig von Mises
To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
Ludwig von Mises
In public administration there is no connection between revenue and expenditure.
Ludwig von Mises
